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In Brief: Medtronic/InStent

This article was originally published in The Gray Sheet

Executive Summary

Medtronic/InStent: Complete $200 mil. stock merger following approval by InStent shareholders. Under terms of the deal, for which an agreement was announced in March ("The Gray Sheet" April 1, p. 11), Medtronic will exchange 0.3833 shares of its stock for each of the approximately 10 mil. InStent shares, plus options outstanding...

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